Philippines cash remittances up 2.7% in October

Customers receive money from families working abroad at a money remittance center in Makati City, Metro Manila, Philippines, September 19, 2018. (Reuters/Eloisa Lopez/File Photo)

 Cash remittances rose 2.7% to $3.08 billion in October from a year ago, the Philippine central bank said on Monday.

In the January to October period, cash remittances through banks increased 3% to $28.3 billion.

—Reporting by Mikhail Flores; Editing by Martin Petty

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